Terraced House
An excellent freehold investment opportunity to acquire a two double bedroomed mid-terraced property, requiring refurbishment and being offered for sale with immediate vacant possession.
Constructed of traditional brick set beneath a pitched tiled roof, the uPVC double glazed and gas centrally heated (in need of attention) accommodation in brief comprises of lounge, inner lobby with door to cellar, full width separate dining room and kitchen. Part of the first floor accommodation is arranged over the shared passageway providing larger than average living space with passaged landing, two genuine double bedrooms and a spacious bathroom with three piece suite.
Outside to the side there is a shared passageway which leads to a yard and rear generous sized garden with boundary hedge. In our opinion there is scope for an extension and loft conversion, subject to obtaining the necessary planning consents.
The property is situated within a strong letting location, conveniently positioned for Derby city centre, Pride Park and the A52.
11ft 8 into chimney recess x 11ft 3
With door to cellar.
11ft 8 into chimney recess x 12ft 3
9ft 1 x 6ft 2
15ft 4 x 2ft 4
15ft 1 into chimney recess x 11ft 3
12ft 3 x 11ft 1
9ft 6 x 9ft 2
Shared side passageway leading to a yard and rear generous sized garden with boundary hedge. In our opinion there is scope for an extension and loft conversion, subject to obtaining the necessary planning consents.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
No Parking Available
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
